| Element List | Explanation |
|---|---|
| Introduction | Wataniya Insurance Company announces the appointment of the Chairman and members of the Audit Committee for the new term, which began on 16/06/2025 and will end on 15/06/2028, as follows: 1. Mr. Asim Alhattami – Independent Chairman 2. Mr. Shirish Bhide – Independent Member 3. Mr. Omar Hashim – Independent Member following the receipt of the no-objection letter from the Insurance Authority dated 05-03-1447 AH corresponding to 28-08-2025 AD. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Asim Alhattami - Independent Chairman |
| Membership Start Date | 2025-06-16 Corresponding to 1446-12-20 |
| Brief Resume of the Appointed Member | Mr. Asim Alhattami is recognized as one of the leading national finance professionals. He holds a Bachelor’s degree in Accounting from King Fahd University (2009) and a Master’s degree in Business Administration from Miami University, USA (2014). He is also a Certified Public Accountant accredited by the American Institute of Certified Public Accountants (AICPA) (2018) and a Certified Accountant accredited by the Saudi Organization for Certified Public Accountants (SOCPA) (2019). |
| The date of the approval by other official authorities | 05-03-1447 AH corresponding to 28-08-2025 AD |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Shirish Bhide - Independent Member |
| Membership Start Date | 2025-06-16 Corresponding to 1446-12-20 |
| Brief Resume of the Appointed Member | Mr. Shirish Bhide is the Chief Executive Officer of United Arab Bank with over 30 years of leadership experience in international banking, including senior roles at First Abu Dhabi Bank, First Gulf Bank, National Commercial Bank (Saudi Arabia), and Citigroup. He holds a Diploma in Accounting & Finance (LSE), an MBA in Marketing (University of Poona), and a B.Sc. in Chemistry (Fergusson College). |
| The date of the approval by other official authorities | 05-03-1447 AH corresponding to 28-08-2025 AD |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Omar Hashim - Independent Member |
| Membership Start Date | 2025-06-16 Corresponding to 1446-12-20 |
| Brief Resume of the Appointed Member | Mr. Omar Hashim has a vast experience in leading positions in the banking and insurance sector since 2003, and one of the national qualified individuals, Mr. Hashim holds bachelor’s degree in computer science – from King Fahad Petroleum & Mineral University – Saudi Arabia -1993G and has a vast experience in Management. |
| The date of the approval by other official authorities | 05-03-1447 AH corresponding to 28-08-2025 AD |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2025-08-18 Corresponding to 1447-02-24 |
